$50k Consulting in a Nutshell [This is 🔥 for anyone who understands strategy] | Ep 239

The Game with Alex Hormozi

Alex Hormozi

Education, Entrepreneurship, Business, How To

4.9 • 4.8K Ratings

🗓️ 25 September 2020

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Profit is what begets growth. Today, Alex (@AlexHormozi) talks about what he does on $50,000 consulting days when he’s talking to high-level business owners and walks us through one of the biggest mistakes he has made that involves the front end. Remember: Once you have a product that is a very well-oiled machine on the back end, it takes a tremendous amount of effort to change your machine.

Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

Timestamps:

(1:39) - Decrease business complexity, improve front and backend.

(6:21) - Factors for front and backend; Alex shares scaling mistake.

(11:59) - Bigger business needs simplicity for scalability.

(15:59) - Create leverage, simplify backend for more profit.

(17:16) - Greater arbitrage = more money and profit in the end.

Follow Alex Hormozi’s Socials:

Transcript

Click on a timestamp to play from that location

0:00.0	Real quick, you guys already know that I don't run any ads on this and I don't sell anything.
0:04.6	The only ask that I can ever have are you guys that you help me spread the words.
0:07.8	We can not more entrepreneurs, make more money, feed their families,
0:10.9	make better products, and have better experiences for their employees and customers.
0:14.9	The only way we do that is if you can rate and review and share this podcast.
0:19.4	The single thing that I have to do is leave review,
0:21.9	take you 10 seconds or one type of the thumb,
0:23.9	it would mean the absolute world to me, and more importantly,
0:26.0	it may change the world of someone else.
0:28.4	What could you do to add $5 million to your bottom line without doing anything?
0:33.5	What could you do to add $10 million to the business without adding anything?
0:38.2	Any humans, any people?
0:40.9	Welcome to the game where we talk about how to get more customers,
0:43.2	how to make more customers, how to keep them longer,
0:45.2	and the many failures and lessons we have learned alone the way.
0:47.6	I hope you enjoy and subscribe.
0:49.6	Good morning everyone, happy Saturday.
0:51.9	I am a super pumped for this podcast because I'm going to talk about
0:58.2	what I do on 50,000 hour consulting days that I sell when I have higher
1:01.8	little business owners that come in.
1:03.6	I'll walk you through the biggest mistake that I've made for a business standpoint.
1:07.1	I think it's the number one biggest mistake that I've made that set me back hard along.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Alex Hormozi, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Alex Hormozi and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.